Applicant Tracking Systems (AT

question 54

True/False

Applicant tracking systems (AT
S) compile resumes, track applicants during the hiring process, and screen out applicants who do not meet minimum job requirements.

---

Definitions:

Subsidiary Ledger

A detailed ledger that supplements a general ledger by providing detailed information for individual accounts, such as accounts payable or receivable.

Overapplied Overhead

A situation where the allocated manufacturing overhead cost for a period exceeds the actual overhead costs incurred, leading to a favorable variance.

Applied Overhead

The allocation of overhead costs to specific cost objects, such as products or jobs, based on a predetermined rate or method.

Actual Overhead

The real costs incurred by a business for its overhead during a specific period, not estimated.